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General Description

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This TURNKEY quadplex boasts a fully-occupied community with tenants who are current and properly maintain the units as if it were there own. Entire property was a gut-job and is up-to-code with a recent occupancy inspection being passed in 2021. This profitable property boasts an NOI of $36,368 per year when fully occupied. Composed of four identical 2/1s. Limited maintenance costs due to all of the code upgrades. The possibilities for different investment strategies are endless. Tenants are open to renewing along with understanding of the possibility of moving out. 2 with tenants on leases, with two other being marketed for lease. PLEASE REVIEW DOCS FOR LEASE DETAILS.

MLS#:

7394045 (HAR)

Sold Price Range:

$482,001 - $552,000

Listing Status:

Sold

Address:

2415 Mcgowen Street #1

Unit No.:

City:

Houston

State:

Zip Code:

77004

County:

Harris County

Subdivision:

Holman Outlot 02

Legal Description:

TR 1 BLK C HOLMAN OUTLOT 2

Property Type:

Multi-Family - Fourplex

Stories:

Year Built:

1935 / Appraisal District

Building Sqft.:

2,688 /Appraisal District

Lot Size:

1,900 Sqft. /Appraisal District

Key Map©:

493U

Market Area:

University Area

Interior Features

Floors:

Vinyl

Countertop:

Granite

Cooling:

Window Units

Heating:

Window Unit

Disposal:

Yes

Exterior Features

Roof:

Composition

Lot Description:

Corner

Unit Location:

Corner

Additional Information

List Type:

Exclusive Right to Sell/Lease

Buyer Agent Compensation*:

Sub Agent Compensation*:

*Disclaimer: Listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Financial Information

Financing Considered:

Cash Sale, Conventional

Other Fees:

Maintenance Fee:

Selling Agent and Brokerage

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Selling Agent

Erwin Nicholas

Click to view phone

Selling Broker

Mr. Real Estate

154 Saddle Drive
Houston, TX 77065

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Estimated Mortgage/Tax

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$1,910 Monthly

Estimated Monthly Principal & Interest (Based on the calculation below)	$ 1,910
Home Owners Insurance	Get a Quote

List Price

Loan Term

Months

Years

Down Payment

Annual Interest Rate

Estimated Monthly Principal & Interest

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Subdivision Facts

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Facts (Based on Active listings)

Market Area Name:

University Area

Home For Sales:

505

Average List Price:

$363,823

Average Bedrooms:

2.81

Average Baths:

2.05

Average Square Ft.:

1,822

Average Price/Square Ft.:

$202.39

Home For Lease:

286

Average Lease :

$2,011

Average Lease/Square Ft.:

$1.40

Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.